Daniel is 23 years old he works off and on as an actor the


Tax Liability:

Daniel is 23 years old. He works off and on as an actor. The rest of the time he works about 300 hours a year for the Red Cross a charity. He is a volunteer and isn't paid, but if he was paid the Red Cross would pay him:

$3,264 for the year

$7,344 Earnings as actor

He lives with his girlfriend, who pays for housing. He earns his keep by paying for food and doing all chores

$10,344 Money his grandparents give him to live on

$2,448 Interest income from some municipal bonds he owns

Question: Compute Daniel's tax liability for 2016.

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Financial Accounting: Daniel is 23 years old he works off and on as an actor the
Reference No:- TGS01689467

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